Huge Win For Israeli Working Women: Childcare is Deductible
Written by: Aaron Katsman | May 1, 2009
Special thanks to Bizzywomen.com for this post:
In a court decision among the most progressive in the world, the Israeli Supreme court ruled that childcare can be used as a tax deduction.
According to Globes: “The legal battle began with Adv. Vered Pery, who sought to deduct payments to a daycare center for her son in the tax year in dispute. The assessing officer did not allow the deduction of the childcare payments from her income, and Pery appealed to the District Court.
The Supreme Court decision was written by Judge Eliezer Rivlin. He accepted the District Court’s stance, and held that if the child were not supervised, Pery would not have been able to earn any income at all. Therefore, he decided, the expense was not just a condition for going out to work, but an expense required in order to earn income.”
This case could be the driving force for more women to enter the workforce. A major problem facing Israeli women was that much, if not all, their salary went to paying for daycare. Now, they are free to work as the please knowing that they will not be taxed for making the decision to go out and work.
When you think about it, this really is a huge victory for women all over the world.
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